🟢 GOLD/USD Technical Analysis – Bullish Momentum Ahead
Gold (XAU/USD) is currently exhibiting strong bullish momentum after breaking above a key support-turned-resistance zone near 3390, which now acts as a support area for price. A sharp rally followed by a retest of this support zone suggests potential for continuation to the target zone around 3430.
* 📌 Support Zone: 3390 – 3380 (holding well with bullish confirmation)
* 📈 Target Zone: 3430+ (marked as potential short-term resistance)
* 🔄 Price Action: Bullish breakout + retest confirms entry opportunity
* 📊 Volume: Increasing on breakout, confirming buying strength
▪️Outlook:
As long as the price remains above 3390, the bias remains bullish with high probability for a move toward the 3430 zone.
🔹Community Insight:
If you find this analysis helpful in your trading journey, feel free to share your thoughts or questions in the comments. Let’s work together to maintain a disciplined, technical approach to the markets.
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Gold (XAU/USD) is currently exhibiting strong bullish momentum after breaking above a key support-turned-resistance zone near 3390, which now acts as a support area for price. A sharp rally followed by a retest of this support zone suggests potential for continuation to the target zone around 3430.
* 📌 Support Zone: 3390 – 3380 (holding well with bullish confirmation)
* 📈 Target Zone: 3430+ (marked as potential short-term resistance)
* 🔄 Price Action: Bullish breakout + retest confirms entry opportunity
* 📊 Volume: Increasing on breakout, confirming buying strength
▪️Outlook:
As long as the price remains above 3390, the bias remains bullish with high probability for a move toward the 3430 zone.
🔹Community Insight:
If you find this analysis helpful in your trading journey, feel free to share your thoughts or questions in the comments. Let’s work together to maintain a disciplined, technical approach to the markets.
▪️Follow for regular updates and trade setups.
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🔹Join Our Telegram Channel, Pure Price Action Based Signals With Chart Analysis.
t.me/FxInsightsHub0
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면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.